EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 9, Problem 4CQD
Summary Introduction
Interpretation:
Forecast short-term demand
Concept Introduction:
Anova is used to find major difference between independent variables. ANOVA can help especially when the number of independent groups is more than two unlike t test. Unlike multiple sample t-tests, it has less risk of producing too many Type-I errors.
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